4th quarter profit for Barita

The October to December quarter was a good one for Barita Investments which recorded an increase in profit.

Net profit came out at 51 million dollars up from 32 million in the previous year.

Although interest rates remained stable Barita was able to achieve a 39 million dollar or 36 percent increase in net interest income.

Improvements in it asset and equity trading activities resulted in a strong growth in revenues.